So if I'm right, if these measures were in play right now, the cost control relates to transfers, agents and wages being restricted to 70% of revenue (85% if you're not in Europe). At the current trajectory and with the new deals, Newcastle revenue should roughly be around £350m. 75% of that is £245m. Our wages are currenty £82m. That leaves in effect £163m to be spent on players/agents. When you bring amoritisation into the equation, that's considerably more freedom than the restrictions we currently have as it allows us to catch up more or less immediately rather than worrying about ther previous few years. Basically, UEFA's system encourages commercial growth and allows teams to spend. It's a lot more freedom for clubs with massive revenue growth potential. In terms of Newcastle, this is excellent news. It's not quite the limitless suggestion of before, and of course allows those in the Ivory tower to retain their place, but it allows clubs like Villa and Newcastle to mount a much stronger challenge.
Our wages was 105m in 2023. Amortisation was about 80m. £245m less 185m leaves £60m for additional wages and amortisation. Let’s say we signed 100m of players say 2. At 150k a week salary. Plus on costs that equates to an additional 18m in wages per annum. The amortisation on them would be £25m (1/4). So an additional costs of £43m for 2 50m pound players. All estimates. But at least we could buy 2 every year. And commercial income should grow.
Premier League: Profit and Sustainability Rules to remain next season ahead of vote change https://www.bbc.co.uk/sport/football/68790602 So no change just yet.
